Share Name Share Symbol Market Type Share ISIN Share Description
Inmarsat Plc LSE:ISAT London Ordinary Share GB00B09LSH68 ORD EUR0.0005
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.80p -0.14% 560.80p 560.00p 560.60p 560.60p 549.20p 559.00p 1,410,080 16:35:12
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mobile Telecommunications 1,149.0 131.7 21.2 26.0 2,600

Inmarsat Share Discussion Threads

Showing 3526 to 3549 of 3975 messages
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DateSubjectAuthorDiscuss
25/6/2018
21:45
https://www.ft.com/content/790b1f28-788b-11e8-bc55-50daf11b720d Bidding war looms over UK satellite group Inmarsat Eutelsat’s interest follows ‘highly preliminary’ offer from EchoStar of the US Nic Fildes, Telecoms Correspondent A bidding war looms over UK satellite company Inmarsat after French rival Eutelsat said on Monday it was considering a bid. EchoStar, the US satellite company controlled by billionaire Charlie Ergen, made a “highly preliminary” offer for Inmarsat earlier this month that was rejected by Inmarsat, which said the bid significantly undervalued its business. The US company, which has built up a 3 per cent stake in Inmarsat, has until July 6 to make a formal offer. Eutelsat, which is being advised by Goldman Sachs, said it was “evaluating a possible offer”. It has until July 23 to make a formal bid. Inmarsat’s share price more than halved between last August and March this year, which had made it vulnerable to a bid. British politicians have expressed alarm that the UK’s only significant satellite group could fall into foreign hands after the EchoStar interest. A bid from Eutelsat would follow a bitter row in the European satellite industry between Brussels and the UK government over Europe’s Galileo satellite navigation system. Inmarsat’s stock jumped 4.3 to 632.2p, while Eutelsat’s shares dropped 6.2 per cent to €16.53. The French company, which had €3.6bn of debt at the end of 2017, has a market value of €3.8bn compared to Inmarsat’s £3.2bn. Inmarsat declined to comment. Analysts had considered Eutelsat to be an unlikely bidder for Inmarsat, as it said in April that it would launch its own Ka-band satellite, called Konnect VHTS, which will come on line in 2021. The plan, which included an agreement with French telecoms group Orange to supply broadband in remote areas, was seen as a sign that it wanted to launch its own satellites rather than make a play for its UK rival. Some have questioned the rationale for consolidation within the satellite sector, given that there is little overlap between the largest companies and that financial benefits from cutting operating costs would be limited. Jefferies, the investment bank, has suggested that EchoStar’s interest in Inmarsat is driven by the UK company’s spectrum holdings in the US.
kalkaar
25/6/2018
18:33
http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/other/13692665.html
ortis23
25/6/2018
17:21
Hi all, From my 3525, ...Hi 7ran5ac710n, On the crest, thanks ! Some thoughts : - if EchoStar intend to bid, they've now set a floor of GBP 5.568; - they may just want a 'strategic stake' in a rival; - they may want to flush out other bidders....and force them to pay 'over the odds', making a useful capital gain AND forcing a rival to 'overpay'. Can't do the share price any harm, whichever way I look at it..... ATB
extrader
25/6/2018
16:33
It’s a game of bluff for sure. I think Echostar can pay £7. There is a geographical valuation arbitrage which Egan can be sure of exploiting, so he will make his play as he is itching to do something. Eutelsat are probably the weaker party?
the original goldbug
25/6/2018
16:23
the alternative view may be that Echostar now decide to pull the plug on any bid now Eutelsat have thrown their hat in the ring.. reasonable chance of that happening as they like making opportunistic bids/or acquiring assets on the cheap.. also, with all the debt knocking about in these companies and the market cap of ISAT already pushing £3bn not sure there is going to be a huge amount of upside from these levels.. would love to be proven wrong though in both cases
kalkaar
25/6/2018
16:22
What we really need is Sofbank is to come in and trump everyone with a silly bid. I guess they are the only ones with the balance sheet to make a play in the £10 plus range, which the likes of Jeffries think is feasible.
the original goldbug
25/6/2018
16:08
Just what we needed.
ptgint
25/6/2018
16:03
Excellent, puts pressure on EchoStar to table a decent bid way before the deadline... Probably just to make them over pay, but who cares!
zcaprd7
25/6/2018
15:33
Well it means that Eutelsat can sit back and watch while Echostar have to bid by 6th July
argylerich
25/6/2018
15:32
15:16 Inmarsat takeover bid? https://www.bbc.com/news/live/business-44574859 Shares in Inmarsat are almost 5% higher after Eutelsat confirmed a Bloomberg report that it was considering a takeover bid. One trader said there was a "small question mark" over how the French company would finance such a deal, given that Eutelsat is worth €4.1bn (£3.6bn), while Inmarsat is valued at about £2.8bn. A spokeswoman for Inmarsat declined to comment
pugugly
25/6/2018
15:28
Bought a few. looks interesting
volsung
25/6/2018
15:24
Even better, an RNS :-)
argylerich
25/6/2018
15:22
Eutelsat RNS Https://investegate.co.uk/eutelsat-comms/rns/possible-offer/201806251516515031S/
kamitora
25/6/2018
15:21
https://uk.advfn.com/stock-market/london/inmarsat-ISAT/share-news/Eutelsat-Communications-Possible-Offer/77735357 http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/other/13692665.html released 15:16
kalkaar
25/6/2018
15:18
hTTps://www.nasdaq.com/article/inmarsat-shares-jump-on-report-eutelsat-considering-takeover-bid-20180625-00684
jhan66
25/6/2018
15:08
TomG2325 Jun '18 - 14:57 - 3545 of 3546 0 1 0 Potential rival bid from eutelsat Link perchance?
argylerich
25/6/2018
14:58
Many congrats folks, must have been a very big challenge to keep the faith. Aleman, thought you had this wrong have to admit. You have a great knack of seeing value which sometimes alludes others, as demonstrated by your record over the years on ADVFN. Well done.
essentialinvestor
25/6/2018
14:57
Potential rival bid from eutelsat
tomg23
25/6/2018
14:45
Another move, anyone picked up why yet?
argylerich
25/6/2018
12:06
I tend to agree with you, Steeplejack, and unless a rival bidder appears on the scene before the 6 July I'd expect an uplifted offer by Echostar but below the £7 but all IMHO.
ptgint
25/6/2018
08:33
No news but dips being bought. Someone accumulating?
samdb
23/6/2018
19:20
ISAT is a capital intensive business with very good growth prospects pity that the uk seems to dislike this kind of investment. Maybe better if the Americans run it and rack up charges for users.
wskill
23/6/2018
12:54
Presumably, if they think its so cheap, they can go hostile (which it appears they have begun) and just buy in the market, good luck to them, but that would drive the price over £10 on its own would guess.Buying the debt is clever and puts pressure on the board to sort this out quickly...
zcaprd7
22/6/2018
20:07
Echostar have also bought 10% of the convertible bonds which again supports the narrative that they are serious abour this (at the right price!)
the original goldbug
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